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It's Raining Cats and Dogs so this Pet Choice Ain't Likely to Cage its Share Price

Hello Share Takers. From time to time, I urge you to take a look at Pets at Home (PETS). Why? Because the fascination with pets is growing hot and fast. It could be something to do with Covid making folks feel more lonely. Or is it that people are getting fed up with the inadequacies of their human companions? Or it might be that working at home makes it easier to keep a cat or dog.


It's Raining Cats and Dogs as Pets At Home Takes Full Advantage with some Perky Ploys

Hello, Share Thrashers. As predicted here, Pets At Home (PETS) announced a bouncy yearly revenue. It's up by nearly 9%, now standing at £1.1 billion. Not bad for a fairly new retail business. Though we should say that extra covid costs have upset the profit applecart a bit. Underlying gains before tax was a useful £87.5 million, but was still 6.4% worse than the prior year. However, as you might expect, the company is doing better week by week. And that £87.5 million is expected to grow to at least £120 million for the current full year.

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